The company produces, pursues and sells as a shipping company ships worldwide. China Shipping Group Company, founded on the 1 July 1997, is the holding company of China Shipping Development. Among the rest, the companies China Shipping Container Lines und China Shipping Haisheng also belong to the Parent company. The main business focus of the company involves coastal, ocean and Yangtze River cargo transportation, ship leasing, cargo forwarding and cargo transport agency, purchase and sale of ships, repair and development of containers, ship spare parts purchase and sale agency, consultancy and transfer of shipping technology.[1]